5, HIGHLANDS DRIVE, MALDON, CM9 6HX - £435,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 HIGHLANDS DRIVE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £435,000 in February 2022, which was around 18% below the average February 2022 detached price in the Maldon local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

5 HIGHLANDS DRIVE Sold Prices

Land registry data shows two sales for 5 HIGHLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the two 5 HIGHLANDS DRIVE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 1 FEB	£435,000	£532,771	18% below HPI
1999 30 APR	£117,000	£115,433	1% above HPI

5 HIGHLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 5 HIGHLANDS DRIVE sales from April 1999 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1999 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 HIGHLANDS DRIVE?

5 HIGHLANDS DRIVE is 89m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 5 HIGHLANDS DRIVE lies on this distribution: 21% of detached houses are smaller than 5 HIGHLANDS DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Maldon.

5 HIGHLANDS DRIVE: Plot and Title Map

5 HIGHLANDS DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 HIGHLANDS DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 HIGHLANDS DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 HIGHLANDS DRIVE?

5 HIGHLANDS DRIVE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 5 on HIGHLANDS DRIVE.